Gold Spot / U.S. Dollar
Education

‼️ Daily highs/lows

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As you could see on my charts and my analysis I used 2 levels of PDH & PDL because the price will often raid the previous days highs (PDH) or previous days lows (PDL) before going in the other direction. The way I like to trade this is I will mark out the PDH and PDL each day and see if we get a close below the PDH (for bearish trades) and a close above the PDL (for bullish trades) a on the H1. You can find it as LHL Level indicator, there you would set (LookBackPeriods - 1) and (SelectPeriod - D).

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